Advance Prediction Nifty and Bank Nifty for Tomorrow

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Advance Prediction Nifty and Bank Nifty for Tomorrow 04th Aug 2020


NIFTY 50

Friends I always suggest you to refer once NASDAQ and SGX Nifty along with this time cycle nifty prediction.Today both NASDAQ and SGX Nifty both are performing well.Here Today approx 182 points drop observed in Nifty 50 and finally Nifty closed at 10891.60 with drop of 182 points compared to previous day close.Today's Nifty 50 stocks performance chart;

Today's Nifty 50 Top Three Gainers Are;

Tata Motors, Titan, and Tata Steel .

Today's Nifty 50 Top Five Looser are;

UPL, Indus Ind Bank, Hdfc Life,Kotak Bank, and IOC.

Nifty 50 Prediction For tomorrow

I am attaching below Nifty Gann chart based on its historical data for your reference;


Here today Nifty 50 not performed well and even it was not as per time cycle trend.We can see that today Nifty was falling continuously and finally closed at 10891.60 points with drop of approx. 182 points.Tomorrow for Nifty 50 ,here it is a chance that Nifty will go UP tomorrow and approx. 150 points gain is possible for Nifty 50..Here I have extrapolated the normal trend of nifty 50 to calculate tomorrow's performance.As per time cycle curve we can say that there is a chance that Nifty 50 movement will be upward and for tomorrow 11000 points will be the first resistance . If we predict for downtrend then here it is very less chance that nifty 50 will go down however in downward path 10850 points will be great support for Nifty 50.Finally for tomorrow Nifty 50 will go upward and more than 150 points gain is possible.

BANK NIFTY

Today Bank Nifty closed at 21072.10 with a total drop of approx. 568 points compared to previous day close. Today;s Nifty Bank stock performance chart;

Today's Bank Nifty Gainers Are;

PNB and SBIN

Today's Bank Nifty Top Losers  Are;

Bandhan Bank, RBL Bank, Indus Ind Bank, and Kotak bank

Bank Nifty Prediction For tomorrow

I am attaching below Bank Nifty Gann chart based on its historical data for your reference;


Here we can see that today Bank Nifty closed at 21072.10 points with drop of approx. 568 points.Tomorrow for Bank Nifty here it is a chance that Bank Nifty will go UP and here it is big probability that Bank Nifty can gain approx 350 points tomorrow and there is a chance that Bank Nifty will cross 21400 points. Here I have extrapolated the normal trend of Bank Nifty to calculate tomorrow's performance.As per time cycle curve we can say that there is a chance that Bank Nifty will go UP tomorrow and approx. 350 points gain is possible .Tomorrow for Bank Nifty 21000 points will act as the support and 21400 points will be the great resistance.



Above all prediction are based on my own thoughts,analysis, and researches. It may not be accurate as predicted.All prediction are done based on my own analysis and references are taken from time cycle and gann chart.




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